What You Should Know:
- Brave Health, a virtual mental health provider and engagement platform focused on serving Medicaid populations raises $40M in Series C funding round led by Town Hall Ventures, with existing investors Union Square Ventures, City Light Capital and others joining as well. The company has raised a total of $60M to date, and this most recent funding will support their continued expansion into value-based care arrangements and into new and existing markets.
- Brave
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Fitbit Enters Substance Abuse Recovery with Pretaa Partnership
What You Should Know:
- Fitbit announced that they are partnering with behavioral analytics company Pretaa to improve outcomes for the millions of Americans affected by substance abuse. Pretaa analyzes information from wearable devices worn by those recovering from substance abuse and (with patient consent) notifies their care providers, friends and family members when they might need additional support.
- Research indicates that the onset of the pandemic was associated with an
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Knowtion Health Acquires Rev Cycle A/R Platform Amplus
What You Should Know:
- Knowtion Health, formerly RSource Healthcare announced today it has acquired Amplus Group, a healthcare revenue cycle A/R resolution and technology service. Financial terms of the deal were not disclosed.
- For the past five years Amplus has utilized the latest in machine learning and automation to support accounts receivable (A/R) for health system revenue cycles.
- The acquisition will accelerate Knowtion's plan to expand low balance recovery technologies
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Google Cloud Launches AI-Powered Medical Imaging Suite
What You Should Know:
- Google Cloud launches Medical Imaging Suite that addresses common pain points organizations face in developing artificial intelligence (AI) and machine learning models.
- Google Cloud enables the development of AI for imaging to support faster, more accurate diagnosis of images, increased productivity for healthcare workers, and improved care access and outcomes for patients.
Google Cloud's Medical Imaging Suite Key Features
Key features of the Medical
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Galileo Integrates with Elation Health EHR to Maximize Value-Based Contracts
What You Should Know:
- Galileo, a tech-enabled primary care provider seeing patients in all 50 states, today announced a partnership to roll out Elation Health's EHR.
- Through the Elation Health application programming interface (API), Galileo clinicians are now seamlessly able to automate and customize alerts at the point of care to maximize their value-based contracts.
- Elation’s clinical-first approach means its API gives customers the ability to build proprietary
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Nordic Consulting Acquires Healthcare Consulting Firm Hygeian
What You Should Know:
- Nordic Consulting, a global health and technology consulting company, has acquired Hygeian, a healthcare consulting company supporting public and private sector clients across the United Kingdom and the Middle East with advisory services, change management, flexible resourcing, and filling fixed-term and specialist roles. This acquisition marks Nordic’s sixth acquisition in recent years and comes
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Dexcom G7 Blood Glucose Monitoring Launches in 5 Global Markets
What You Should Know:
- Dexcom announced launch of Dexcom G7 continuous glucose monitoring (CGM) system in the United Kingdom, Ireland, Germany, Austria and Hong Kong, with launches in New Zealand and South Africa in the coming weeks – initiating the global rollout of the world’s most powerful CGM system.
- Dexcom G7 offers a powerful yet simple way to help users gain greater control of their diabetes, so they can manage the disease more confidently each day. Its
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SEQSTER and PatientsLikeMe Launch National Rare Disease Study
What You Should Know:
- PatientsLikeMe and SEQSTER announced a collaboration to launch one of the first rare-disease studies focused on Alpha-1 Antitrypsin Deficiency (AATD) - a rare genetic condition occurring in approximately 1/3500 people.
- AATD is a rare genetic condition occurring in approximately 1/3500 people. It is characterized by low levels of the alpha-1 antitrypsin protein, leading AATD patients to be very susceptible to lung and/or
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U.S. Health Care Price Index: Telehealth Prices Down; Mental Health Up
What You Should Know:
- The latest U.S. Health Care Price Index (USHPI), the first national resource to publicly document the price of cash-pay medical care in America, reveals that national average prices for everyday healthcare services decreased in August and September, in the face of record inflation.
- The USHPI features pricing data for routine medical services in all 50 states – from primary care and mental health to women’s health and more - with additional prices and specialties
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Grow Therapy Raises $75M to Expand Insurance Coverage for Mental Healthcare Nationwide
What You Should Know:
- Behavioral health company, Grow Therapy secures $75 million in series B funding to expand insurance coverage including Medicare and Medicaid in all 50 states.
- This round of funding was led by TCV, co-led by Transformation Capital, with support from existing backers SignalFire and SVB.
Medicare/Medicaid Coverage Expansion
Specifically, the areas that the company will focus on are: expanding commercial insurance and Medicare and Medicaid coverage (which are
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